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Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
Fortune via Yahoo Finance· 5 days ago"You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in...
Ahead of schedule: Why the Fed should cut rates in July, according to Mohamed El-Erian
Business Insider via Yahoo Finance· 11 hours agoIn his view, the Fed will keep waiting as it's too reliant on data that reflective more of the past....
Best CD rates today: Magnify your money with today's highest APYs before they fall — June 6, 2024
AOL· 2 hours agoThe Powell-led rate-setting panel will announce a rate decision at the conclusion of its meeting on...
ECB's rate cut may force Fed's hand
TheStreet via Yahoo Finance· 17 hours agoThe Fed, led by Chairman Jerome Powell, has been stubborn about wanting to see sustained lower inflation before starting to trim its key federal funds...
Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
San Francisco Chronicle· 55 minutes agoThe European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of the...
Best CD Rates Today - Earn Over 5% APY With These Accounts, June 6, 2024
CNET· 5 hours agoCD rates have been gradually falling since the end of 2023, but they remain high, with today’s top...
US Payroll Gains Not as Robust as Reported, BLS Data Suggest
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- The US job market may be a lot less vibrant than Federal Reserve Chair Jerome Powell...
Federal Reserve’s preferred inflation gauge eased last month for the first time in 2024
KCRG-TV9 Cedar Rapids· 6 days agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that...
3 Financial Mutual Funds to Buy as Interest Rates Stay Static
Zacks· 9 hours agoDuring the 2022 economic crisis, the Federal Reserve raised interest rates for 10 straight policy meetings before finally opting for a rate pause in June 2023. Since then, ...
ECB Cuts Interest Rates for First Time Since 2019
The Wall Street Journal· 2 hours agoThe quarter-point rate cut potentially puts the ECB and the Fed on different tracks and widens an existing gap in borrowing costs between the U.S. and...
